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			African, Caribbean and Pacific States - 




The group of developing countries which belong to the Lomé Convention, by which most of their products are allowed into the EC on a non-reciprocal basis. The membership is currently 70 countries, and they are also eligible to grants from the European Development Fund (EDF) and loans from the European    




 Acronym: ACP





 Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm





	
	
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European Investment Bank - Established in 1957 to finance capital investment that will benefit and aid EC development. Although the Member States provide a subscription capital, it raises most of its funds on the international capital markets. Its major objectives are to assist less developed regions, to modernize the EC economy, and to support Acronym: EIB Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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Unless otherwise indicated, all entries in the LogisticsWorld Logistics Glossary are copyright 1997, Matthew D. Cox, logistics@logisticsworld.com.

 

WWW Virtual Library of Logistics
Ver 4, Sep, 1999, Matthew D. Cox, logistics@logisticsworld.com
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